re: #342 funky chicken

I think it would be hilarious if Obama proposed a flat 15% corporate tax rate on all entities making more than (?) 50 million bucks a year. No breaks, no “special” deductions, nada. Que the wailing and gnashing of millions of accountant, attorney, and lobbyist teeth, and lots of hilarious commentary from the usual suspects who bitch about how “exorbitant” US corporate taxes are…”highest in the industrialized world!!! drives companies overseas!!!” etc. It would be fun to hear these guys trying to oppose a flat 15% corporate tax rate with zero loopholes. Of course they would, since no mega corporation actually pays 15% corporate taxes.

Actually, when you get down to it, whatever do pay in taxes is just passed through as an added cost to you and me.